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Mar 2, 2022

Biden targets Russia, inflation in State of the Union address

President Biden used Tuesday night’s State of the Union address to urge global unity against Russia’s invasion of Ukraine, but he also pushed forth pieces of his domestic agenda, specifically ways to control inflation. He called fighting inflation his top priority. We know how the invasion of Ukraine is disrupting the crude oil industry, but it’s also causing chaos in the industry of edible oils as well. Ukraine is leaning on its familiarity with cryptocurrency to gather funding for aid.

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President Joe Biden delivers his 2022 state of the union address to Congress. This year, president is likely to talk progress on inflation and other economic matters.
President Joe Biden delivers his 2022 state of the union address to Congress. This year, president is likely to talk progress on inflation and other economic matters.
Sarahbeth Maney-Pool/Getty Images

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